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Binance Futures Will Launch USDT-Margined LIT, UNFI Perpetual Contracts with Up to 25X Leverage

Binance
2021-02-18 03:53
Fellow Binancians,
Binance Futures will launch USDT-margined LIT and UNFI perpetual contracts with up to 25x leverage with trading open scheduled as below:
  • USDT-Margined LIT 25X Perpetual Contracts at 2021-02-18 7:00 AM (UTC)
  • USDT-Margined UNFI 25X Perpetual Contracts at 2021-02-19 7:00 AM (UTC)
Please note: The LIT and UNFI perpetual contracts are USDT-margined futures contracts that use USDT as collateral. Users will be able to select between 1-25x leverage.
In addition, Binance Futures will increase the maximum leverage of DOGE USDT-margined perpetual contracts from 25X to 50X at 2021-02-18 4:00 AM (UTC), leverage and margin tiers as reflected in the tables below. Existing positions will not be affected.
DOGEUSDT Perpetual 50X
Notional Position in USDTLeverageMaintenance MarginInitial Margin
0 < Position ≤ 5,00050x1.00%2.00%
5,000 < Position ≤ 25,00020x2.50%5.00%
25,000 < Position ≤ 100,00010x5.00%10.00%
100,000 < Position ≤ 250,0005x10.00%20.00%
250,000 < Position ≤ 1,000,0002x12.50%50.00%
Position > 1,000,0001x50.00%100.00%
Further information:
Risk Warning: Futures trading carries a substantial risk and the possibility of both significant profits and losses. Past gains are not indicative of future returns. All of your margin balance may be liquidated in the event of extreme price movement. The information here should not be regarded as financial or investment advice from Binance. All trading strategies are used at your discretion and your own risk. Binance will not be liable to you for any loss that might arise from your use of Futures.
Thanks for your support!
Binance Team
2021-02-18
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